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AVGWarhawk · 04-10-13, 03:06 PM

For every $1000.00 put down the difference in payment per month is $6-$10. You might be already on to that. Not having to pay the PMI will save you much more over 15-30 year on the loan. For me, I took the no PMI option with 20% down. That is money just lost to some non-entity. I would prefer to put the money into the home via larger down payment. I'm only paying myself back and not giving it to this guy...

04-10-13, 03:06 PM	#209
AVGWarhawk Lucky Jack Join Date: Jun 2005 Location: In a 1954 Buick. Posts: 28,298 Downloads: 90 Uploads: 0	For every $1000.00 put down the difference in payment per month is $6-$10. You might be already on to that. Not having to pay the PMI will save you much more over 15-30 year on the loan. For me, I took the no PMI option with 20% down. That is money just lost to some non-entity. I would prefer to put the money into the home via larger down payment. I'm only paying myself back and not giving it to this guy...